Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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Re: An observation - organization?

Noront Resources

over 9 years ago

in response to Edgy's message

Surely unless I am mistaken, RCF stands to get another bunch of shares next qtr in the form of interest payment, will this not continue until their loan is paid, dont they stand to get way more shares the lower stock price ? To me it seems like free money. Until they have all the shares they can get their hands on, it is in their best interest to keep SP as low as possible.